Block of flats for sale in Fort Terrace, Bridlington YO15

Guide price £290,000
Interested in this property? Call +44 1723 266947 * or Request Details

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Block of flats for sale - 8 bedrooms

8 4 4

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Investment opportunity
  • Sold with tenancies in place
  • Annual income of £26,000 per annum when fully let
  • Freehold

Property description

This five storey building is for sale as a fully let investment and is currently arranged as a well established restaurant on the ground floor with four, two bedroom flats above. Situated within close proximity to Bridlingtons Foreshore beach and sea front amenities, the building is in good condition and has the benefit of UPVC double glazed windows. Currently generates a gross annual income of approximately £26,000 per annum.

Ground Floor

Let on a formal Landlord & Tenant Act lease with a current passing rent of £7,200 per annum.

First Floor

Flat 1 - Two bedrooms

Second Floor

Flat 2 - Two bedrooms

Third Floor

Flat 3 - Two bedrooms

Fourth Floor

Flat 4 - Two bedrooms

Tenure

Freehold and to be sold subject to all the tenancies that are in place

Income

Ground Floor - £7,200 pax
Flat One - £4,680 pax
Flat Two - £4,680 pax
Flat Three - £4,680 pax
Flat Four - £4,680 pax

The building currently offers a gross rental income of, £25.920 per annum excluding rates and services

Viewings

Strictly by appointment via sole agents Colin Ellis Property Services on

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Property info

Floorplan(s): 10Fortterrace-High.Jpg

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For more information about this property, please contact
Colin Ellis Property Services, YO11 on +44 1723 266947 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Colin Ellis Property Services, and do not constitute property particulars. Please contact Colin Ellis Property Services for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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